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Maruti
Suzuki gains as yen weakens against dollar
A weak yen lifts Maruti's operating profit
margin. Maruti pays royalty to its Japanese parent Suzuki Motor Corporation in yen
terms for some of its earlier models. Maruti has reportedly started paying
royalty to its Japanese parent in rupee terms on all new models from 1 April
2016. Maruti also has an exposure to the yen to the extent it imports raw
materials from Japan.. FOR MORE DETAILS CALL @ 8122363668 www.jackpotfutures.com
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